Ship Street, Brecon, LD3
- PROPERTY TYPE
End of Terrace
- BEDROOMS
8
- BATHROOMS
4
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- mixed use investment property for sale
- prominent location a short walk from the town centre
- ground floor shop, one self contained flat and 7 bedsits
- three shared kitchens and three shared shower rooms
- rental income of £35,200pa.
Description
In a prominent location, situated on the corner of Ship Street and Market Street, this large mixed used building is just off the town centre and is only a short walk from the town’s main car parks. Brecon is a traditional market town with a population of over 8,000 and a wide catchment area. It is the third largest town in Powys and is popular with tourists being the centre of the Brecon Beacons National Park, an area of outstanding natural beauty. This commercial property has a ground floor shop, one self-contained, small apartment and seven bedsits which are currently producing an income of £35,200pa.
The shop is let to a bicycle company. The tenant has been in occupation since November 2006 although there is no lease in place. It extends to 109 sq.m and the tenant pays £8,160 pa. They look after the internal of the shop and the landlord the external.
The apartment and bedsits are let on occupation contracts and many tenants have been there a long time. They have electric panel heaters and their own electric meters. Flat 1 is self-contained and the accommodation comprises of a kitchen/living room, shower room and bedroom. Their rent is £75 per week.
Bedsits 2 and 3 share a kitchen and shower room. Bedsit 2 is let at £65 per week and bedsit 3 is let at £60 per week.
Bedsit 4 & 5 share a kitchen and shower room. Both rents are £65 per week.
Bedsits 6,7 & 8 are on the second floor and share a kitchen and shower room. Two are let at £65 per week and one at £60 per week.
The showers and kitchens have coin meters which the landlord collects and pays for.
The bedsits generate £27,040pa.
Flat 1 is a council tax band A which the tenant pays. The other bedsits come under the council tax band B’s which the landlord pays. The landlord pays the water bills.
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Ship Street, Brecon, LD3
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Llangammarch Station13.4 miles
About the agent
James.Dean, Brecon
19 Ship Street, Brecon, LD3 9AD
James Dean are passionate about property and people. They are the leading Brecon estate agents with a great web site, jamesdean4property.co.uk, superb window display and experienced staff helping sell your home. They are always looking to improve through modern technology and good old fashioned service, they accompany viewings and have quality sale details with floor plans. They also have country home, letting and surveying departments. Selling, letting or buying let James Dean look after you
Notes
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